Investor Presentaiton
Investment guide Armenia 19
Government
Industrial Policy
The Government has declared building
a knowledge-based economy as its
long-term strategic objective. On
this basis, the guiding vision for the
industrial policy will be to turn Armenia
into a country producing high-value
and knowledge-intensive goods and
services with creative human capital at
its core. Achieving this vision requires
a phased approach that entails a
gradual transition from resource-
intensive production to capacity and
skills, and subsequently knowledge-
based production to play a dominant
role in the longer term.
Free Economic Zones
"Alliance" Free Economic Zone
Free economic zones (FEZS) in
Armenia offer a unique opportunity for
entrepreneurs to establish businesses
in strategic sectors of the economy
and to process produce and export
goods with a reduced tax burden.
FEZS allow the export of goods
without any restrictions to international
markets with more than 500 million
consumers.
"Alliance" FEZ is the first Free
Economic Zone in Armenia based on
"RAO Mars" CJSC and "The Yerevan
Computer R&D Institute" CJSC
officially has launched on August 1,
2013 with "Sytronics Armenia" CJSC
as an organizer.
The establishment of FEZ in Armenia
seeks to promote direct foreign
investments, increase exports, create
new jobs, and generate prerequisites
for sustainable economic development
in Armenia.
"Alliance" free economic zone has
about 56,000 square meters
of industrial area and 38,000 square
meters of office space. The zone is
oriented to the production and exports
of high and innovative technologies
in the field of electronics, precision
engineering, pharmaceutics and
biotechnologies, information
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